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by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting employee hours to avoid costs associated with obama care. finally, john metz, ceo of several denny's franchises, says he will add a 5% surcharge to customers' bills to offset the cost of obama care. you don't want to pay extra, he suggests you simply tip the server less to offset the cost. what a sweetheart. >>> up next, new information on the affair that brought down cia director david petraeus. you're watching "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the
by the way, boehner's word to gohmert after the vote, "louie, i love you too." >>> finally this one. after the election we heard certain ceos were threatening to fire employees if president obama won the election. some are going through with it. robert murray, ceo of the coal company that ordered employees to attend a rally with mitt romney, laid off 156 employees the day after the election. nice guy. john schneider, ceo of papa john's pizza chain, says he will be cutting...
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john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are serious about cutting spending and solving our fiscal dilemma, i believe we can do this and avert the fiscal cliff that is right in front of us today. >> the president began the meeting on a chordal note, wishing speaker boehner, shaking his hand, a happy birthday. >>> an oil rig exploded in the gulf of mexico 25 southeast of grand isle, louisiana. two crew members are missing and four injured. the fire that followed the explosion has been extinguished. the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston. >>> a texas rail crossing where a train hit a parade float y
john boehner said he outlined a framework that is consistent with the president's call for a balanced approach of both higher revenue and spending cuts. >> our challenge is to make sure that you know we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. >> while we are going to continue to have revenue on the table it is incumbent for my colleagues to show the american people we are...
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we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >>neil: a sex scandal ended this man's career, and how much could it affect this man's career, saying that c.i.a. new from day one benghazi attack was terrorism and the white house said otherwise. the ball is in the president's court the next move could make. >> the differe
we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪...
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i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our hand at the table. but the public still has to continue to be engaged. public sentiment is everything. and in the past, for example, the republicans in the house were the odd people out on the -- on some of the tax bill. one of the tax -- you know, deduction. and then also on the transportation bill. and so when the president went public on those, then they finally came around. but they're not going to come around just by persuasion sitting across the table, i do not believe. >> they are not going to come around just by persuasion in washington. nancy pelosi essentially calling for
i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our...
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dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the fiscal cliff that is right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is and we felt very good about what we were able to talk about. we have the cornerstones of being able to work something out. we are both having to give up some of the things we know are a problem and so it is like the point where we all know something has to be done, no other time than to do it now. we feel comfortable with each % other and something we will wait until the last day of december to get done. we will move forward on it an
dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the...
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boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment because i've watched him for years, too. my friend have sisters in college, and i guess he's really popular in dorms. >> stephanie: he's dreamy. >> caller: in dorm rooms. people have pictures of him in their dorm rooms. >> stephanie: really? i can't wait to tease him about that. >> caller: politics, i'm just a housewife, and i hear stories about college but we're not there. >> stephanie: he's like a political geek liker beat. >> like shawn cassidy of the political world. >> caller: they were talking about religion on the last sh
boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment...
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the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. >> to show our seriousness we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build. >> we're prepared to put revenue on the table provided we fix the real problem. >> the real problem. you got that? mcconditional is all the tree stump on the lawn when you're trying to cut it. this afternoon the president held his fourth and final meetings with stakeholders, civic leaders and meshs of civic leaders. mark morel is president of the you are began league and aaron smith is co-funder of a group called noninvincibles dedicated to ensuring that young people's perspectives are accounted for in policy and economic opportunity, education,
the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. >> to show our seriousness we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we...
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speaker bane put out the -- speaker boehner is willing to talk, and that's what negotiations are about. i just look at these, the clinton-bush tax cut issues and where you put the rates as a major part of the solution. when you look at the amount of the money you can bring in, and you add that into some of the deductions, but that is a big chunk of change. >> in the press conference, the president left flex the between them. >> they did cross their blackberries, so, you know, clearly, it is showing flexibility which is important. >> this is going to be a congress in which you think we are going, by the end of the year, sorted out the fiscal cliff, confident of that? >> i think we have to sort out part of it with a plan moving forward. i don't think every t will be crossed, but there's doctors reimbursement issues, the estate tax issue to keep exemptions in place where they are now. there are -- there is a number of things that should get done at the end of the year and others extended as long as it's clear there's an end date here, two or three months, whatever we want to do. comprehen
speaker bane put out the -- speaker boehner is willing to talk, and that's what negotiations are about. i just look at these, the clinton-bush tax cut issues and where you put the rates as a major part of the solution. when you look at the amount of the money you can bring in, and you add that into some of the deductions, but that is a big chunk of change. >> in the press conference, the president left flex the between them. >> they did cross their blackberries, so, you know,...
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you can imagine going through the negotiations and at the end of december boehner and mcconnell saying let's keep the tack cuts in place while we continue to negotiate. the president has to be firm. >> i completely agree with everything you just said. boehner after the meeting hinted he would be wiling to kick the can down the road and have the temporary solution. >> yeah. >> what would that mean for the markets? what would that mean for his caucus. do you think that's the most likely sceneario? >> the most positive is that some how they reach you a template. we are not talking about a full-blown dooley that provides -- it means a new budget resolution ordering the committees to come up with the right revenue and guidelines and the changes in spending before january 1. the second most likely and most positive, they can't quite get there but delay for a couple of weeks and thatted -- that will be fine for the markets. if they can't reach it and the president says i'm not going to extend this for three or six months we will go over the cliff and i'll propose my tax cut plan after all the
you can imagine going through the negotiations and at the end of december boehner and mcconnell saying let's keep the tack cuts in place while we continue to negotiate. the president has to be firm. >> i completely agree with everything you just said. boehner after the meeting hinted he would be wiling to kick the can down the road and have the temporary solution. >> yeah. >> what would that mean for the markets? what would that mean for his caucus. do you think that's the...
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and they knew that boehner was going to be a dealmaker with the president. so even the hard liners may have read the election returns, and i think even the hard liners don't be responsible for a tax increase. >> not only boehner, even mcconnell. let me show you this, michelle. mcconnell and boehner had a different kind of sound, different tone today after the meeting. watch this. >> obviously the president won re-election. the republicans were basically unable to get any seats in the senate. more people voted for democrats in the house than republicans. why do you have any leverage whatsoever? >> there's a republican majority here in the house. the american people re-elected the republican majority. >> it's important to remember that in this case, the voters also re-elected a republican-controlled house last week. the fact is the government is organized no differently today than it was after the republican wave of 2010. >> now, listen to what they had to say today. >> tomorrow is speaker boehner's birthday. so for those of you who want -- >> i believe we're
and they knew that boehner was going to be a dealmaker with the president. so even the hard liners may have read the election returns, and i think even the hard liners don't be responsible for a tax increase. >> not only boehner, even mcconnell. let me show you this, michelle. mcconnell and boehner had a different kind of sound, different tone today after the meeting. watch this. >> obviously the president won re-election. the republicans were basically unable to get any seats in...
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here's speaker boehner on the chances of cutting a deal. here it is. >> if you've looked closely at what the president had to say and look closely at what i have had to say, you know, there are no barriers here to sitting down and beginning to work through this process. >> ruth conniff, i really don't know what that means. do you? >> it makes me nervous because i don't really want to see us moving that close to boehner. and, you know, it's interesting. i talked to economist dean baker, he's the economist in america who showed that the housing bubble was a threat back in 2002. before it actually popped in 2005. he has a lot of credibility. he said the best deal might be no deal. if obama can go into these negotiations and say this fiscal cliff is not going to impact people on january 2nd, it's recessionary, but he could get the two main things he campaigned on, even if there's no deal, which is an instant hike on the very rich and no touching of social security, medicare and medicaid. then the republicans just as e.j. points out would have t
here's speaker boehner on the chances of cutting a deal. here it is. >> if you've looked closely at what the president had to say and look closely at what i have had to say, you know, there are no barriers here to sitting down and beginning to work through this process. >> ruth conniff, i really don't know what that means. do you? >> it makes me nervous because i don't really want to see us moving that close to boehner. and, you know, it's interesting. i talked to economist...
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turkey to your table. an estimated $165 billion worth of uneaten food every year. i'm jane king. >> eric: thank you very much. >> kristen: what happened to those turkey sandwiches. >>> that is
the talks begin today with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual...
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[applause] >> your advice to the president and speaker boehner? >> compromise and do the right thing. the solution is out there. let's get with it. now is the magic moment. it's our responsibility. >> with that i want to thank both you. we're out of time here. in fact, i'm going to rush over to a bloomberg television camera to take a look at more of your time. the conversation will continue here at this summer. thank you all of you for joining us. thank you to the two of you. >> thank you. >> again, appreciate your work as well. we will be right back in just a moment as we continue here at this fiscal summit. [applause] [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> ladies and gentlemen, please welcome the president of the peter g. peterson foundation, michael peterson. [applause] >> while politics is often centerstage, policy and substance will form the basis of many fiscal agreement. we at the peterson foundation believe that the mortgages and the more solutions brought to the table, the better. out initia
[applause] >> your advice to the president and speaker boehner? >> compromise and do the right thing. the solution is out there. let's get with it. now is the magic moment. it's our responsibility. >> with that i want to thank both you. we're out of time here. in fact, i'm going to rush over to a bloomberg television camera to take a look at more of your time. the conversation will continue here at this summer. thank you all of you for joining us. thank you to the two of you....
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>> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do enough in loopholes and exclusions to get the money that we need for a deal from that group. but he also said i'm open to new ideas. so if there is in fact an effort to close some loopholes that gets you some of the way there, you can certainly see the president, i could anyway, compromising somewhere between 35 and 39.6 on a slightly higher rate. if shall be caomebody came up w source of revenue which didn't change the distribution of the tax burden, figure out a way to do it without a top rate. i kind of expect what's going to happen i
>> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do...
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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i did pick up it was john boehner next to the president and the president went out of his way to say we want a balanced approach. that means tax the rich. >> taxes go up, increasing revenue, which we already have no word on entitlement spending. no time like the present. the dollar now down 26. know in part on the from that. >> not raising taxes, and the second element of this which has not been part of the public conversation is cutting spending. we don't have a revenue problem, have a spending problem, no issue with cutting spending. stuart: i said taxes on the rich will go up. are you going to disagree with me? >> depends on what you mean of taxes going up. i don't think republicans are going for that, don't. stuart: whether they are forced into it? >> than we are going over the cliff. >> don't think republicans have sacrificed that sacred land. stuart: who turned full circle? >> i do, i think the president has drawn a line in the sand. i have two or three chess pieces on the board, i win. these are photo ops. stuart: that means nothing. utterly meaningless. you say we are going o
i did pick up it was john boehner next to the president and the president went out of his way to say we want a balanced approach. that means tax the rich. >> taxes go up, increasing revenue, which we already have no word on entitlement spending. no time like the present. the dollar now down 26. know in part on the from that. >> not raising taxes, and the second element of this which has not been part of the public conversation is cutting spending. we don't have a revenue problem,...
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you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room for the white house to get involved in the negotiations as well. >> it allows them to negotiate this without sort of a spotlight on fiscal cliff story which is -- you know, a story that has about six weeks left in it before some -- before taxes go up on everyone and significant spending cuts happen across the country. not just the military. >> you've been covering the hill for awhile in addition to the campaigns. do you get the sense that this will be the time when they say okay, they've reached some agreement on the tax out on the revenue side and republicans eat it a little bit. for people mak
you would see mitch mcconnell and john boehner's people sort of drawing their lines in the sand. that's not really happening even though that is sort of by far much sort of bigger story as far as what's going to happen in the country. as far as -- and priority list for both the white house and congress. >> do you think they also get that at the white house? that as long as -- as much as they may be getting hurt or not by the islamist people are talking about benghazi, it enables some room...
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...
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Nov 16, 2012
11/12
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he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're ashamed of it. >> if we do get our house in order, future of america is really bright. if we don't, we're well on our way it to becoming a second rate power. >> bowles sees a one third chan of a deal during the lame duck session of congress. a one third chance nothing gets done and the economy moves into chaos. let's hear in michael gurhka. the economy moving in to chaos, is that why we're seeing this market action? >> i'm not surprised because on the equity side, it's always about confidence and right now a lot of politicians have not given the market any confidence whatsoever. so
he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're...
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Nov 16, 2012
11/12
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FBC
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john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each other. this is not something we will wait until the last day of december to get it done. rich: they met for a little longer than an hour here at the white house. much of the talk was positive. there really is not anything close to specifics right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different b
john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each...
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Nov 16, 2012
11/12
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WUSA
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urged house speaker john boehner to compromise with president obama and avoid direct budget cuts. >> jobs, no cuts. >> reporter: more than 100 protesters. >> 47%. this is the vietnam veteran. >> reporter: organized by the group rdc. crowded the hallways outside the house speaker's office. >> i have three children. >> reporter: april thomas was homeless up until two years ago when federal help finally put her young family in an apartment in southeast. >> now i'm told that it will be a possibility that i might end up back where i came from. >> reporter: the speaker staff locked the doors. but a spokesperson says that they proposed a responsible and balanced framework to avert the fiscal cliff. bruce leshan, 9news now. >>> it was the worst oil spill in our nation's history and today bp says they will pay $4.5 billion for that deadly oil rig explosion in the subsequent massive oil leak. that money will also include more than $1 billion in criminal penalties. bp plead guilty to 12 felony charges relating to the death of those 11 workers and lying to congress about the amount of oil that w
urged house speaker john boehner to compromise with president obama and avoid direct budget cuts. >> jobs, no cuts. >> reporter: more than 100 protesters. >> 47%. this is the vietnam veteran. >> reporter: organized by the group rdc. crowded the hallways outside the house speaker's office. >> i have three children. >> reporter: april thomas was homeless up until two years ago when federal help finally put her young family in an apartment in southeast. >>...
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Nov 16, 2012
11/12
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WRC
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the president gave boehner a bottle of italian wine as a birthday gift. at least they're talking. >> yes. >> for a birthday, you can talk. >> nice sunshine out there today. >> yeah, we needed to see that sunshine. i think we're going to see a similar day tomorrow. if you liked today, you're going to see another one tomorrow. that comes on an all-important weekend. look outside right now. what you're seeing out there is a pretty nice night. yes, it's on the cool side. you'll need the jacket as you step outside, but other than that, not bad at all. you can deal with the chill. it's going to be a nice evening. 47 degrees the current temperature at the airport. winds out of the north about 7 miles per hour. that breeze, we'll call it a breeze instead of a wind, but that breeze will make things feel a little bit cooler. 37 down towards culpepper. 39 in gaithersburg. temperatures are going to fall fairly quickly now as the sun has gone down. expect to see chilly numbers when you wake up tomorrow morning. no rain on the radar. not rain down to the south, just gr
the president gave boehner a bottle of italian wine as a birthday gift. at least they're talking. >> yes. >> for a birthday, you can talk. >> nice sunshine out there today. >> yeah, we needed to see that sunshine. i think we're going to see a similar day tomorrow. if you liked today, you're going to see another one tomorrow. that comes on an all-important weekend. look outside right now. what you're seeing out there is a pretty nice night. yes, it's on the cool side....
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Nov 16, 2012
11/12
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CNNW
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boehner appreciates that, dana. just looking at their body language sitting around the table, they're all smiling awkwardly and trying to get along, so hopefully as the morning progresses, you know, the talks will be cordial and arrive at some sort of conclusion. do you have any hopes an actual plan will be developed from this meeting? >> the bright lines over which neither side will cross will likely be established. the players have been very careful not to draw the bright lines in public, for example, the president now publicly at least has made clear that, yes, he promised during the campaign to raise those rates for those families making $250,000 or more but he is also in the next sentence said i am open if anybody has any other ideas to figuring out how to raise other tax revenue in order to achieve his goal which is deficit reduction, about a trillion dollars in deficit reduction. those kinds of lines and paramete parameters. >> dana bash, thank you so much. i know you're busy today. we appreciate you giving y
boehner appreciates that, dana. just looking at their body language sitting around the table, they're all smiling awkwardly and trying to get along, so hopefully as the morning progresses, you know, the talks will be cordial and arrive at some sort of conclusion. do you have any hopes an actual plan will be developed from this meeting? >> the bright lines over which neither side will cross will likely be established. the players have been very careful not to draw the bright lines in...
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Nov 16, 2012
11/12
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CNN
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that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes o
that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more...